U.S. President Joe Biden said Saudi Arabia will face consequences for its lobbied OPEC+ decision to cut oil production, but declined to elaborate on them.
There will be some consequences for what they did with Russia, Biden told CNN.
He added that he intends to act with Congress when it reconvenes.
Last week, oil-producing nations in the OPEC+ alliance met in Vienna for the first face-to-face meeting since the pandemic began in 2020 and agreed to cut production by two million bpd starting in November, extending the deal through the end of 2023.

















